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Mobile 2 Mobile USA hires 3, plans to hire more
Thursday, August 13, 2009
| Source:
metromode
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There are two sorts of people, according to businessman Bill Smith: Those who use banks and those who don't. He's interested in the kind that don't.
His 2 year-old start-up, Mobile 2 Mobile USA, is targeting
people who don't have bank accounts to buy things or pay bills.
His technology specializes in payments made by cell phone
.
Smith compares it to text messaging. When texting first became available several years ago, it was hardly used. Today, even Smith's grandmother sends text messages. He sees secure mobile payment processing technology taking off in the same fashion.
"Right now we're in the process of saturating the market with this technology," says Bill Smith, president of
Mobile 2 Mobile USA
.
The West Bloomfield-based firm is doing well enough at it that it has expanded from the original two people to five today. He expects to grow his payroll within the next 12-18 months.
Right now his firm has seen a lot of growth overseas in countries like the Dominican Republic. He thinks it could easily take off with college students, too.
Source: Bill Smith, president of Mobile 2 Mobile USA
Writer: Jon Zemke
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